Business Insider·3 min read·medium

Student-loan borrowers in public service are facing setbacks with debt relief

Student-loan borrowers in public service are facing setbacks with debt relief
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Student-loan borrowers enrolled in the Public Service Loan Forgiveness (PSLF) program are experiencing significant delays in payment processing and account updates. The Department of Education has paused payment counts due to data issues, leaving many borrowers in limbo regarding their debt relief status.

Why it matters

The administrative failure highlights ongoing systemic issues within federal student aid programs, causing financial uncertainty for public sector workers expecting debt forgiveness.

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Student-loan borrowers are waiting for their final payments toward the Public Service Loan Forgiveness program to be processed. Douglas Rissing/Getty Images Student-loan borrowers pursuing PSLF said they've waited months for their payment counts to be updated. It pushes off relief for borrowers who said they've made their final payments. Ongoing repayment challenges have prompted a push for increased congressional oversight. Student-loan borrowers are facing delays in a major forgiveness program . Borrowers pursuing the Public Service Loan Forgiveness program have reported delays in seeing payments made over the past few months count toward their progress. PSLF forgives student debt for government and nonprofit workers after 10 years of qualifying payments, Affected borrowers said they made their 120th payment and are waiting for their relief to be processed.

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